Scholarship Program


The Charles River Bank Scholarship Program will be awarding 4 – $500 scholarships annually.

One scholarship will be awarded to a student from each of these high schools serving the towns in which we operate branches: Medway High School, Bellingham High School, and Nipmuc Regional High School. One additional winner will be selected from ANY high school.

Application Criteria

Applications must meet the following criteria:

  • Applicant (or their parent/guardian) must be a current customer of Charles River Bank
  • Students currently employed as part-time employees of Charles River Bank may also apply
  • Applicant must be a graduating high school senior who is enrolled in an undergraduate college degree program during the 2023-2024 academic year.
  • Students must submit a Charles River Bank Scholarship Program Application.
  • Students must submit an academic transcript of their grades.
  • Students must provide a typed 1-2 page response to ONE of the following topics:
    • What do you see as the difference between community banks and national mega-banks?
    • What steps have you taken to prepare to be more financially independent as a college student?

Selection Process

Selection of the winner (s) will be made by the Charles River Bank Scholarship Committee.

Applications will be evaluated on the same criteria:

  • Evaluation Criteria (Total potential points 100):
  • Essay will receive up to a maximum of 50 points
  • Grades will receive up to a maximum of 25 points
  • Extracurricular/community service activities will receive up to a maximum of 25 points

How to Apply

Completed Applications with essay and transcript must be returned by May 5, 2023 to:

Ann Sherry, SVP Charles River Bank P.O. Box 740 Medway, MA 02053, or email

Note: Scholarship is paid after the student provides verification of successful completion of the first semester of college along with proof of registration for the second semester. Send this required documentation to: Charles River Bank, Scholarship Program, P.O. Box 740, Medway, MA 02053

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